Audit Services

Mutual One works with the following on Audit:

• Building Societies
• Co-operatives
• Friendly Societies & Mutual Insurers

The nature of the relationship is either on a full internal audit basis, or on a specialist audit basis, such as Treasury/Investments, Compliance and IT. Total UK coverage is provided, as is the availability of ‘Standby Auditor’ support, or an assessment of existing in-house internal audit arrangements.

A full risk assessment of each Society’s needs is carried out in conjunction with management and an Audit Plan is devised and then approved by the Audit Committee. Audit work is undertaken using a risk based approach, and as well as highlighting risk control improvements in the organisations processes, Mutual One’s experience of similar organisations enables sharing of good practice. A flexible, proportionate approach is maintained throughout the process, thereby providing independent assurance to the Audit Committee.

For further information on the Mutual One Audit proposition, please contact Andrew Gold on andrew.gold@mutual-one.co.uk or 07730 718205.